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Author Topic: How bitcoin works  (Read 358 times)
Afzal0 (OP)
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June 22, 2020, 12:55:42 AM
 #1

I have never worked in Bitcoin. Can I work successfully? .. And how can I do it?
masulum
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June 22, 2020, 03:15:05 AM
 #2

Sorry, I do not understand that you have never worked with bitcoin, can you give more explanation on your thread? If what you mean is how bitcoin works, I recommend reading the bitcoin white paper on this page. But I doubt you do not understand bitcoin, because in the history of posts that you send, you have given a little explanation about what bitcoin is.

Bitcoin is a popular means of earning money in today's world, the number of Bitcoin users is increasing day by day, so I think the amount of Bitcoin transactions is also increasing ... Bitcoin customers choose Bitcoin as a good medium of transaction.

Yes brother you are right.. it is currently used as an alternative financial system and it is not possible for the government to control it.


what kind of success do you want? Is it as a trader or as a miner or something else? If as a trader, of course, you need knowledge about techniques and strategies in trading. If as a miner, of course, you need a mining rig to maximize the mining results you get.

HOLD...
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June 22, 2020, 03:20:55 AM
 #3

bitcoin is not a company, a physical entity or rather a workplace to get you employed and live paycheck to paycheck. If you are referring to bitcoin as a technological invention then this link is what you need:

[1] https://bitcoin.org/en/faq

If you are referring on how you can earn bitcoin in this place then it would be better to go back to the link above and enjoy educating yourself to get a gist on how you can contribute for the betterment of yourself and to the community.
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June 22, 2020, 06:15:03 AM
 #4

Aside from the links shared aboved. Learning how BTC works can be driven by good reading and researching about it. Try Google, as a newbie you should work out to find details to learn. Its not hard, and can be done easily.

If you are referring on how you can earn bitcoin
I have a hunch that he was referring to earn BTC here.


There is no easy shortcut for that OP. Learn things about it first then earning will follow after that. If you have other questions that interesting and about bitcoin. I suggest browse here Bitcoin Discussion all you need is there. Objective or situational of types are all there.

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June 22, 2020, 06:29:30 AM
 #5

I have never worked in Bitcoin.
No problem, it's not too late.

Can I work successfully?
Yes, you can, it depends on you what you want to do. If you have any skill that you want to use, then you can go to this section  
here
If you are completely new, in the posts above this post, as some senior members have said that you need to read the white paper.

I am adding links to some videos, you must check these also.
*edit:
 https://youtu.be/000UtKtm7kU
 https://youtu.be/l9jOJk30eQs
actmyname
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June 22, 2020, 06:49:16 AM
 #6

I'm really sorry to say that Bitcoin is not a company. But thanks for getting a lot of my desired answers. And what I mean by success is a motivational discussion, about how I can get success at work.?
What do you define as success? It is difficult to formulate an answer when your only question is the very vague "how can I achieve success at work" which is an incredibly subjective question.

You seem to post a lot of one-liners. It would be preferable if you could expand on your thoughts rather than creating these fragmented discussions, especially when you're asking questions.

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June 22, 2020, 06:50:07 AM
Last edit: June 22, 2020, 07:04:06 AM by OcTradism
 #7

Mastering Bitcoin 2nd Edition - Programming the Open Blockchain
Mastering the Lightning Network (LN)
Mastering Ethereum, by Andreas M. Antonopoulos, Gavin Wood

Read the first book to get fundamental knowledge on how Bitcoin works. If you have more time, read the second book. If you still have time, read the last one.

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June 22, 2020, 06:51:45 AM
 #8

I have never worked in Bitcoin. Can I work successfully? .. And how can I do it?

I think you need to spend more time understanding what is bitcoin, you can use this forum to educate yourself among with different platform, I suggest if you are bored in just reading, just search educational videos in youtube, you'll surely learn if you are interested enough, just give it some time.

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June 22, 2020, 07:08:33 AM
 #9

I'm really sorry to say that Bitcoin is not a company. But thanks for getting a lot of my desired answers. And what I mean by success is a motivational discussion, about how I can get success at work.?

To achieve results and success in anything, you need knowledge, experience, certain skills etc.
Bitcoin is not different so please educate yourself and learn.
It's not clear from your question what you actually want with bitcoin?
Do you want to trade, or participate in projects that are paid with bitcoin or something else?
If you want a more concrete answer you have to ask a more concrete and clear question.

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June 22, 2020, 07:21:23 AM
 #10

Bitcoin is not a company but an open source project, which means everyone can voluntarily contribute in it by any means. Every part of bitcoin is open for innovation, contribution, development, etc. You don't have to ask for permission to start using bitcoin. The way you contribute, use, earn bitcoin is mostly based on the skills you currently have. In case you don't have any yet, you have to start your journey in cryptocurrency space from learning through whole stuff. There are a lot of materials of all kind such as books, articles, podcasts, guides, videos that will be helpful to understand what technology it is, how it works, why it matters.

Some useful links:

https://www.lopp.net/bitcoin-information.html

https://unchained-capital.com/blog/author/plewis/

https://en.bitcoin.it/wiki/Main_Page

https://6102bitcoin.com/

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June 22, 2020, 07:59:34 AM
 #11

I'm really sorry to say that Bitcoin is not a company. But thanks for getting a lot of my desired answers. And what I mean by success is a motivational discussion, about how I can get success at work.?
Motivational discussion? In what context? Earning from a Signature Campaign (common query of newbies)? If yes, then the links provided by other members can help you achieve the term "success" you are referring to.

Why? Because in order for you to have a meaningful discussion regardless if you're getting paid or not, you need to have a basic/advance (if you wish) knowledge in this community. In fact, you are in a bitcoin forum and it is obvious that you need to be equipped with bitcoin stuff.
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June 22, 2020, 09:01:57 AM
 #12

I am pretty sure that Afzal0 is not asking how Bitcoin and Blockchain technology works. He wants to know about ways in which he can earn Bitcoin. His goal are probably signature campaigns. But we can't be sure unless he expands on his original OP and offers more information.

If you are looking for work that pays you in Bitcoin, you have to ask yourself what is it that your bring to the table? What can you do that will make you a good fit for an employer. The payment method doesn't matter, your skills do.

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June 22, 2020, 01:21:31 PM
 #13

You don't need to work with bitcoin because bitcoin is jotted a work i is a cryptocurrency, it is like a USD but not literally, it is like money online, where you can use for some trading and investing which is a really profitable way of earning money. There are some jobs where they pay bitcoins or other cryptocurrencies. If you want to be more knowledgeable about what cryptocurrency is, you may explore in this forum, you will gain so much knowledge here, just be patien because learning takes so much time. If you will be more interested in it you may learn it rapidly.
If you mean how bitcoin works, then basically it's a cryptocurrency or digital money where wecan use for any online or offline payment for any thing you could immagine for. You can mine bitcoun as well by using crypto mining machines.
Well said, cryptocurrency is really good for online transactions which include some payment, there are some online transactions that accept bitcoin for payment.
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June 22, 2020, 01:50:39 PM
 #14

You have come to the right place to ask and since you are a complete newbie, I can give you a few links to get your self some basic and advance knowledge to know about Bitcoin. here you go:

https://en.bitcoin.it/wiki/Help:FAQ
https://medium.com/free-code-camp/explain-bitcoin-like-im-five-73b4257ac833
https://www.upfolio.com/ultimate-bitcoin-guide
https://www.bitcoindesigned.com/
https://www.youtube.com/watch?v=JIxwTx7o_B4

There you go, enjoy!

sheenshane
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June 22, 2020, 04:31:43 PM
 #15

You can mine bitcoun as well by using crypto mining machines.
I assumed that might this OP ask on how he can earn Bitcoin or how to work just to earn Bitcoin.
This thing that's come up in my mind, Bitcoin mining is also good but I think it is profitable as of now. If you know the basic technical stuff of Bitcoin, you're good at this mining.

Or probably let's assumed that this OP ask how Bitcoin and Blockchain technology works. Well, it's a long discussion and I think this forum is the right place to study and research that matter. Just apply on Google searching, for sure there are various blogs that give knowledge about Bitcoin and the Blockchain tech.

Anyway, welcome to the biggest Bitcoin community.

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June 22, 2020, 07:01:23 PM
 #16

I have never worked in Bitcoin. Can I work successfully? .. And how can I do it?

Bitcoin is money like USD. It is permissionless so anyone can use it. People use it with same reason as they use money. They earn it as a salary. They buy stuff they need and hire people to work for them.
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June 23, 2020, 04:36:51 PM
 #17

I have never worked in Bitcoin. Can I work successfully? .. And how can I do it?
in bitcoin? do you think it is a company? you cant work in bitcoin but work to earn bitcoin.
bitcoin is open source p2p cash money and not centeral company
if you mean bitcointalk, you need to rank up your account which mean earn merits and make good posts.
you need some time and will earn up to 300 dollar every week
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June 23, 2020, 05:07:04 PM
 #18

Bitcoin works in so many way mate,  bitcoin is a digital currency just like USD, people acquire it in many ways, some store bitcoin in crypto wallets, some trade and with it with alternative coins in many cryptocurrency exchanges, thereby making them improving their portfolio. Would have advised you newbies to learn how to buy bitcoin from your fiat currency of your country.
But your question seems confusing, mere buying bitcoin and store gives you profits and doing some bounty and airdrop earns you bitcoin also. Held on to bounties >altcoin and find ways to earn while working in the cryptospace. Thanks
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June 24, 2020, 03:11:52 PM
 #19

I have never worked in Bitcoin. Can I work successfully? .. And how can I do it?

I don't know where to start. OP question is not clear. Bitcoin is not a company where you work and earn bitcoin.

⭐⭐★( ͡👁️ ͜ʖ ͡👁️)★🏆Bitcoin🏆 the World's First Decentralized Digital Currency.☆.•´¯`•.☆🌼🌼.•´¯`•.🌼🌼★( ͡👁️ ͜ʖ ͡👁️)★⭐⭐ ✿.。.:* ᗷITᑕOIᑎ *:.。.✿
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